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Medco Power Indonesia will Increase Power Supply to 275 MW in Sumatera 17.12.2018

PT Medco Power Indonesia through its subsidiary PT Medco Ratch Power Riau (MRPR) has appointed Lotte Engineering & Construction (LEC) as an engineering, procurement and construction contractor for the Riau 275 MW Combine Cycle Power Plant (CCPP) on August 20, 2018. MRPR is a consortium of PT Medco Power Indonesia…

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INVESTMENT

PT Medco Power Indonesia won “The Best Clean and Renewable Energy Company” award at Best Electricity Award (IBEA) 2018 29.11.2018

PT Medco Power Indonesia won “The Best Clean and Renewable Energy Company” award at Best Electricity Award (IBEA) 2018 on the awarding and ceremony night which took place on November 15, 2018, at Birawa Assembly Hall, Hotel Bidakara Jakarta. The Indonesia Best Electricity Award 2018 has been successfully given awards…

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GENERAL

Listing of Medco Power Indonesia oversubscribed Bond I and Medco Power Indonesia Sharia Compliant Bond I (Sukuk Wakalah) on the Indonesia Stock Exchange 05.07.2018

Jakarta, July 5th 2018 – PT Medco Power Indonesia, (“MEDP” or “the Company” ), a subsidiary of PT Medco Energi International Tbk (www.medcoenergi.com ) engaged in the power sector, today listed its first Medco Power Indonesia I Bond and Medco Power Indonesia I Sharia Compliant Bond (sukuk wakalah) for Rp1,200,000,000,000…

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INVESTMENT

Medco Power Indonesia Plans to issue IDR Bond and Sharia Compliant Bond (Sukuk Wakalah) 12.06.2018

Jakarta, May 22nd 2018 – PT Medco Power Indonesia, (“MPI” or “the Company” ), a subsidiary of PT Medco Energi International Tbk engaged in power business, is pleased to announce its intention to issue a bond and a sharia compliant bond (“Sukuk Wakalah” ) at an Investor Gathering and Due…

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INVESTMENT

MEB & SOL WIN AT INDONESIA BEST ELECTRICITY AWARD (IBEA) 2017 13.12.2017

Two of PT Medco Power Indonesia’s subsidiaries, Mitra Energi Batam (MEB) and Sarulla Operation LTD (SOL) win the award at Best Electricity Award (IBEA) 2017. On the awarding and ceremony night of IBEA 2017, which took place on November 23, at Bidakara Hotel, MEB was awarded as The Best Power…

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GENERAL

MedcoEnergi Strengthen Ownership in Power Business 16.10.2017

PT Medco Energi Internasional Tbk (“MedcoEnergi” or the “Company”) announces that it has acquired a 77.68% interest in PT. Saratoga Power from Saratoga and other shareholders. With this transaction, the Company has increased its effective interest in PT. Medco Power Indonesia ("MPI”) from 49% to 88.62%. The remaining 11.38% effective…

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INVESTMENT

MEDCO POWER INDONESIA PARTICIPATES IN SAMOSIR LAKE TOBA ULTRA 2017 28.09.2017

 “I believe that if our body is healthy, our brain will be healthy too. Therefore we can work and perform better. Running is also the cheapest sport. So, it’s cheap and healthy,” said President Director of Medco Power Indonesia, Fazil Erwin Alfitri, about the participation of Medco Power Indonesia in…

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GENERAL

MEDCO POWER INDONESIA ESTABLISHES A LIBRARY IN PAHAE JULU, NORTH SUMATERA 28.09.2017

PT. Medco Power Indonesia (MPI) again shows their concern and contribution to the society through their CSR (Corporate Social Responsibilty) activity. Through one of its subsdiaries, Medco Geothermal Sarulla (MGS), Medco Power Indonesia establishes a library in SD Negeri Lumban Gaol, Pahae Julu, Northern Tapanuli district, North Sumatera. The location…

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GENERAL

Medco Power Indonesia Operates Mini Hydro Power Plant in West Java 14.09.2017

PT Medco Power Indonesia continues to improve electricity supply as part of its commitment in supporting the government with its 35,000 MW electricity program for Indonesia. Through one of its subsidiaries, PT Bio Jatropha Indonesia (BJI), Medco Power Indonesia has just started the commercial operation of mini hydro power plant…

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INVESTMENT

Medco Power Indonesia Operate The Largest Geothermal Power Plant in The World 16.08.2017

PT Medco Power Indonesia, (“MPI”) as a member of consortium Sarulla Operations Ltd (“SOL”) together with INPEX Geothermal Sarulla Ltd, Ormat International Inc., ITOCHU Corporation, and Kyushu Electric Power Co ready to operate the Sarulla Geothermal Power Plant with a capacity of 110 MW located in Tapanuli, North Sumatera. This project…

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INVESTMENT

Medco Ratch Power Riau and PLN signs a PPA for an IPP of the 275 MW Gas Fired Power Plant in the province of Riau 07.07.2016

  Medco Ratch Power Riau  and PLN signs a Power Purchase Agreement for an Independent Power Producer of the 275 MW Gas Fired Power Plant in the province of Riau PT Perusahaan Listrik Negara (“PLN”) and the PT Medco Ratch Power Riau (“MRPR”); - which is the consortium company of…

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INVESTMENT